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Table 6 Estimated results for parsimonious model of DLGDPN

From: Effects of industrialization on Tanzania’s economic growth: a case of manufacturing sector

Included Observations: 28 after adjusting endpoints

Dependent var. = DLGDPN

Variable

Coefficient

Std. Err

t-Statistic

Prob

DLGDPN_1

0.2133563

0.0837936

2.55

0.015**

DLMANU

0.3694001

0.0531208

6.95

0.0000****

DLWSSE

0.0434852

0.0185296

2.35

0.024**

DLAGRC

0.0504165

0.016262

3.10

0.004***

DLSERC

0.3166955

0.0915771

3.46

0.001***

ECT_1

−0.63784

0.1323471

−4.82

0.0000***

_CONS

−0.0000788

0.0244227

−0.00

0.997

R-Squared

0.7943

   

Adjusted R-Squared

0.7564

   

Sum Squared Residual

0.1412

   

F-test (prob.)

20.96 (0.000)

   

Breusch–Godfrey LM Test

0.398 (0.5283)

   
  1. Where, *, ** and, *** indicate statistical significance levels at 10, 5 and 1 percent respectively